As of 12:30 PM on the 14th, Hyundai Motor Company is trading at 179,500 KRW, up 0.28% from the previous day. The trading volume is 1,226,307 shares, which is about 71.7% of the previous day's volume. Hyundai Motor is known as the number one automaker in South Korea.


On October 12, Jang Moon-su, a researcher at Hyundai Motor Securities, stated, "Due to new car launches until the first half of 2021, profitability is expected to continuously improve through mix enhancement, market share increase, and cost reduction from platform integration, leading to sustained stock price growth and reduced valuation burden. Profitability improvement is expected to continue with mix enhancement and market share increase from ongoing new car launches until 1H21, as well as volume growth during the global demand recovery process after COVID-19." He set Hyundai Motor's target price at 250,000 KRW.


Over the past five days, individual investors have net purchased 1,407,864 shares of Hyundai Motor, while foreign investors and institutions have net sold 617,954 shares and 786,589 shares, respectively.



※ Source: AI Investment Assistant AI Rassiro


※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.


This content was produced with the assistance of AI translation services.

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